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Ventura County’s technology corridor has kicked off 2013 with $173 million in deal activity. Thousand Oaks-based Nexsan Corp., a maker of hard-disk storage arrays for mid-sized businesses, said Jan. 2 that it had been acquired by Minnesota-based Imation Corp. for $120 million. Oxnard-based wireless products company CalAmp Corp. said Dec. 20 that it is buying Read More →
Look for the Tri-Counties to show modest economic growth in 2013 that will quicken in the second half of the year. West Ventura County, Santa Maria and Paso Robles are poised to lead the way, with real estate becoming an economic driver for the first time in several years. To be sure, economists interviewed by Read More →
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[Editor’s note, Dec. 24, 2012: The story originally contained multiple inaccuracies about the history of the infrared sensor industry in the Tri-Counties. A corrected version has been posted below.] A pair of entrepreneurs who built up and then sold Goleta-based Indigo Systems to Flir Systems are back in action with $20 million in fresh capital Read More →
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